Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE) filed this Form 6-K on August 10, 2006, to report unaudited consolidated net revenues for the month of July 2006. ASE is a foreign private issuer based in Kaoshiung, Taiwan, providing outsourced semiconductor packaging and testing services.
Key Financial Metrics
| Metric | July 2006 | June 2006 | July 2005 |
|---|---|---|---|
| Net Revenues (NT$ Million) | 8,969 | 8,963 | 6,534 |
| Sequential Change | +0.07% | - | - |
| Year-over-Year Change | +37.28% | - | - |
The filing does not provide data on profit, cash flow, margins, debt, or liquidity for this specific period.
Material Changes
- Revenue Growth: Net revenues increased by 37.28% year-over-year compared to July 2005.
- Sequential Stability: Revenues remained nearly flat with a 0.07% increase from June 2006.
- Adjustments: July 2005 revenues were retroactively adjusted to exclude revenues from the discontinued Camera Module assembly operation of ASE Malaysia.
Guidance, Outlook, and Risks
The filing contains no specific financial guidance or management commentary regarding future performance beyond the standard Safe Harbor Notice. The company highlights several risks that could cause actual results to differ from forward-looking statements, including:
- Cyclicality and market conditions in the semiconductor industry.
- Highly competitive industry environment and demand for outsourced services.
- Ability to introduce new packaging and testing technologies.
- Integration of pending and future mergers and acquisitions.
- Geopolitical tensions between the Republic of China and the People's Republic of China.
- Fluctuations in foreign currency exchange rates.
- Potential disruptions from natural or human-induced disasters.
Investor Verification Checklist
- Verify the impact of the discontinued ASE Malaysia Camera Module operation on historical comparability.
- Review the 2005 Annual Report on Form 20-F for a detailed discussion of risks and capital expenditure plans.
- Monitor the semiconductor industry cycle for potential demand shifts affecting packaging and testing services.
- Assess the status of pending mergers and acquisitions mentioned in the risk factors.